Skip to content

Steel Investment Projects 2021 | Plant Modernisation

Capital Investments Data

2021 Analysis: Investment in 2021 reflected recovery momentum with focus on green steelmaking and advanced technologies. USA led with major EAF-based thin slab projects and coating capacity. Russia invested in air separation and welded tube capacity. Notable green steel initiatives included Austria's 100% renewable-powered EAF and China's unmanned scrap processing facility. Projects emphasised flexibility and sustainability.

13
Projects Shown
8
Countries
3 EAF, 2 Welded
Focus on Green Steel
Project Categories: Melting/Raw Materials Rolling Mills Coating/Finishing
2021 Capital Investment Projects [Selected Projects]
Country ↕ Company ↕ Location ↕ Project ↕ Description
Austria VoestAlpine Kapfenberg Specialty EAF Advanced special steel plant. EAF to be powered using 100% green electricity
China Baowu Ouyeel Blockchain Finance Scrap Processing New scrap processing plant. This will be a so-called 'lights-out factory' that is completely unmanned
France Celsa Bayonne Bar Mill New rolling mill will be adjacent to existing Bayonne melt shop
India KIOCL/RINL jv Visakhapatnam Pellet Plant Plant to be commissioned by 2021 on 75 acre plot of land
India RINL Rae Bareli Unit Railway Wheels Capacity of one lakh pieces of forged wheels / year
Pakistan Century Steel Not Specified Rebar Mill Investing in new rebar mill, as Phase I. Phase II will centre on construction of a 500,000 t/yr steel meltshop
Russia Evraz Zapsib EAF/Thin Slab/HRC This will involve thin slab technology for slab 70–100 mm thickness and HRC and plate 1.2–25 mm thick 900–1,600 mm wide
Russia Linde Group Ural Steel Air Separation Unit Supply of oxygen, nitrogen, argon. Capacity 20,000 m³ O₂/h
Russia Tenaris / Severstal jv Surgut Welded Tube – OCTG Tenaris stake 49%, Severstal 51%. OCTG pipe for Russian and export markets
Turkey Erdemir Group İskenderun Works Vacuum Degassing New vacuum degassing plant to be commissioned in April 2021
USA Steel Dynamics Sinton EAF/Thin Slab/HRC Capex includes CRC, HDG and OCS. Sinton is approximately 30 miles NW of port of Corpus Christi, Texas
USA Nucor Nucor Steel Arkansas HDG New mill be operational in the first half of 2021
USA Nova Tube & Steel Delta Welded Tube – Longitudinal For production of hollow structural sections and standard pipe

Data as of 2021.





See also: analysis of plant and equipment suppliers

Metals Consulting International (MCI) maintains a database of over 1300 steel industry modernisation projects. This database contains individual modernisation records identifying the country, investor, facility, capacity impact, capital cost, capex cost per tonne, commissioning date etc. Please email info@steelonthenet.com or call +44 775 149 0885 for further information.